3PL will be fully operational this year with Avand Brands already boasting no debt and 14M+ cash on hand.
Here is how 2022 could play out:
The way I would look at it is that we get 49% of the profits + fees of 3PL
6,000KG is the stated capacity but that could be a high target.
Conservatively let's say 5,000KG @$5 sale price. = $25M
Less $2.25 x 5,000 Kg packaged cost = $11.25M
Should leave $13.75M net profit @ 49% = $6.7M
Plus our "franchase fees" which is close to $1M a year. So $7.7M profit from 3PL operations alone.
All other operations in 2021 = 9.5M + (3PL) 11.25M = 20.7M with 7.7M profits.
**Avand Brands has the option to acquire the remaning 49% of 3PL which would result in a massive year over year revenue boosting 25M + 9.5M = 34.5M
I am not a financial advisor you should not rely on this as investment advice.